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Mining debt relief scheme revived

PANAJI
The State government has revived the Goa Mining Debt relief scheme to help those who have applied for the scheme but are yet to receive the benefits.Announcing the decision taken at the State cabinet meet on Wednesday, Chief Minister Manohar Parrikar said that the window will not entertain fresh applications but only complete the processing of those who had already applied earlier.
"Those people who had applied and for some reason their applications were not considered or were rejected, these applications will be considered," Chief Minister Manohar Parrikar said adding that the government had also received requests from banks that some debt relief for mining barges and trucks could not be processed because the scheme ended.
"Those who had applied then and their applications were approved but since the scheme ended, they could not be implemented. So the scheme has been opened till December 2017," Parrikar said adding that according to his estimates there will be 20-30 such applications pending and the liability to the State government will not exceed Rs 10-12 crore.
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MINING BAN COST CENTRE NEARLY ` 1900 CR in taxes

Plunge in income tax collection continues since 2012-13

PANDURANG GAONKAR
Published Sep 27, 2017, 7:15 PM IST
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PANAJIThe State government may be attempting to downplay the dependence on mining revenue for the development of the State, but the huge revenue lost is not only a blow to the State, but it has also cost the Centre in a big way. According to information with the office of principal commissioner of income tax, the Centre lost nearly Rs 1,900 crore by way of income tax over a four-year period from 2012-13 to 2016-17. Even though mining operations resumed in the State since…

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